Borough government · Monmouth County, NJ

Shrewsbury's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Shrewsbury took in $10.6 million and spent $9.6 million.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Borough taxes91%Fines and other6.2%State tax money2.3%Fees for services (parks and recreation)0.1%

What stands out

86%

of Shrewsbury's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Borough taxes91%

Property tax
86%$9.2 million
Other taxes
5.1%$542 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$457 thousand
  • Public utility taxes$73 thousand
  • Alcoholic beverage licenses$12 thousand

Amounts are by Census tax category.

Fees for services0.1%

Fees for services
0.1%$13 thousand
What's in fees for servicesOther service charges and parks and recreation
  • Other service charges$12 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

State tax money2.3%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
2.3%$244 thousand

Fines and other6.2%

Interest, rents and other
4.3%$461 thousand
Fines
1.9%$198 thousand

Where it goes

Running the government and other costs40%Police, fire, courts and jails37%Roads, transit and parking11%Water, sewer, trash and utilities4.1%Interest on debt4.0%All other spending4.0%

What stands out

37%

of Shrewsbury's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Running the government and other costs
40%$3.9 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$3.1 million
  • Central staff services (personnel, purchasing, technology)$362 thousand
  • Finance, tax collection and budgeting$335 thousand
  • Government buildings$51 thousand
Police, fire, courts and jails
37%$3.5 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$3.0 million
  • Courts and legal services$252 thousand
  • Inspections and regulation$123 thousand
  • Fire protection$99 thousand
Roads, transit and parking
11%$1.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.0 million
Water, sewer, trash and utilities
4.1%$397 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$397 thousand
Interest on debt
4.0%$387 thousand
Parks, recreation and libraries
3.2%$308 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$308 thousand
Health and hospitals
0.8%$72 thousand
What's in health and hospitalsPublic health
  • Public health$72 thousand
Social services
<0.1%$7 thousand
What's in social servicesOther public welfare
  • Other public welfare$7 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Shrewsbury. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Borough of Shrewsbury itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.